Treasurys turn up, dollar stays down after ADP

DeborahLevine

NEW YORK (MarketWatch) -- Treasury prices turned up slightly and the dollar remained under heavy pressure on Wednesday after ADP said private employers added 114,000 jobs in July, a little more than economists expected. The euro
EURUSD, +0.3257%
extended gains to $1.4315, from $1.4305 before the rpeort and versus $1.4196 late North American trade Tuesday. The dollar index
DXY, -0.33%
which compares the U.S. unit against a basket of six currencies, fell to 74.071, from 74.097 and down from 74.496 Tuesday. Yields on 10-year notes
TMUBMUSD10Y, +0.06%
which move inversely to prices, slipped 1 basis point to 2.61%, near the lowest levels since November. Still to come is the Treasury Department's announcement of how much it will sell in debt next week and the ISM's services-sector index.

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